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20121205
20121213
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Search Results 0 to 18 of about 19 (some duplicates have been removed)
harry reid warned it will be tough to reach a deal to avoid the fiscal cliff before christmas. we all note deadline, december 31. take a look at how we're finishing the day. the dow jones industrial average up about 80 points today. it was higher, much higher than 100 points earlier today, up two-thirds of 1%. volume on the light side this afternoon. nasdaq composite picked it up. technology up better than 1%. s&p 500 also on the upswing. markets maintaining steady gains all day long. david kudlow and bob pisani and barbara from the street. welcome to all of you. what about coming off the best levels? >> hitting search-week highs. 13,245 is where we ended the night of election and waiting for it to settle out. 13,248, so we are exactly where we were when the elections closed. i think the important thing is as long as there is some indication that they are talking the markets are holding up very well. i think the concern is after a deal happens, i think we'll have it, what will happen after, that and a lot of people are worried now that austerity is coming. that's a negative for stocks
. >> somehow we found ourselves listening to harry reid. >> yeah. >> on the senate floor. >> mm-hmm. >> comparing the republican party to the new york jets. >> what? >> it's not one of my favorite teams, but it's really, really fun to watch. and that's the new york jets. coach ryan, he's got a problem. he has three quarterbacks. sanchez. he's got tim tebow. he's got a guy like mcelroy. he can't decide who their quarterback is going to be. that's the same problem the republicans are having. romney's gone, but he's still in the background. we have mcconnell, and we have boehner. who is the quarterback, mr. president? who is the quarterback? >> richard haass, a quizical look on your face. >> normally when you play football, you don't decide the other team's quarterback. >> right. >> that's usually for the coach to decide. so why is harry reid worried about who's the quarterback on the other team, and why is he even using this metaphor to begin with? >> it's painful. stop it right now. >> this is why it's a good development. by the way, there's another interesting development with t
above spending cuts. but this morning rally, the averages got pulled down when harry reid said there probably won't be a deal in time for christmas. the nasdaq climbing 1.8%. i hope this mini rally is happening because people have looked over the fiscal cliff and weren't terrified by what they saw. i hope they don't mind government intervention. because they are not going away. i hope that because what i heard in washington today were two sides even though i can tell them that a deal would be done and there would be no vacation without legislation, we'd be in much better shape. i have to tell you, the situation in washington is as discouraging. one after another i started with a too tack. i said let's go there. i said i totally agree the issue of spending not revenues. tell us what you have done to get spending done. did they give you the fellow traveler ideas? no. they attacked the president. each time when i asked for ideas on what to cut. like right now. like every other country in the north does, like pulling back on positions from our army. i got the same response. it is t
not to filibuster it and i will announce tonight on your show that i will work with harry reid to let him pass his big old tax hike with a simple majority if that's what harry reid wants because then they will be the party of high taxes and they can own it. >> i want to ask you one quickie. your friend and mine, senator jim demint, resigning from the senate. going to take over as head of the heritage foundation. he is a great free market defender of capitalism. what do you make of jim demint leaveliing the senate? >> i think there's two ways to look t a it. the way i look at it, i've jokingly said he's going to a better place. but i really am serious about that in the sense that it's a promotion. he's going to a big microphone. we will be a national spokesman for free markets, for libertarian conservative principles, for the constitution, heritage has a great 30, 40-year history of being on the right side of these issues. i think jim demint will be a great spokesman for them. >> he said that conservatism has to spread more publicly and that's one reason he's going. he wasn't happy with the 2012 el
in lansing. two weeks before christmas. and harry reid says it will be difficult to get legislation passed before then. g.o.p. made a counter offer to the president. so what is in it? the federal government sold shares of aig. they report $5 billion profit. there is a catch. we'll tell you what it is. ♪ ♪ >> greg: by the year 2030, america will no long ber the only super power. according to global trends 2030, the u.s. will be first among equals as brazil, india and china continue to rise. communist china works. i wonder if he would be willing to report state run economy. i doubt the white house cares. being number two means never being number one. if you believe exceptionalism is quaint you don't like being number one to begin with. we no longer refer to achieveer as successful. we call them rich to make them target for withdrawal. if you are good at what you do you become obama's atm. pin code for pork. the report says we'll be cyborg with neuroenhangment for superhuman abilities. will robots be forced to unio unionize? >> dana: where were you when you wrote that? were you in a bar i
leader harry reid called him on it, called his bluff. then mcconnell filibustered his own bill. here's senator dick durbin. >> so this may be a moment in senate history when a senator made a proposal and when given an opportunity for a vote on that proposal filibustered his own proposal. i think we have now reached a new spot in the history of the senate we've never seen before. >> congressman, proof positive they have winging it. >> well, look, the senate and house republicans are just tieing themselves up in all sorts of knots. this is the latest evidence of this. this is known now as the mcconnell rule. and now he wants to distance himself and disassociate himself with it. you know, his name is attached to it. he thought of this idea. and what the president has said is, you know, it was a good idea then, senator mcconnell, let's continue to live with it, let's extend it. and as you know, all we're doing with the debt ceiling is saying that the united states will pay the obligations that the congress has already voted on. >> sure. >> so you can't wake up in the morning and say you'
on it now. you figured harry reid would back down. prove that even democrats don't like this idea. but reid did not back down. he doubled down. he said, yeah, let's vote on the plan. but let's move to an immediate up or down vote. no filibuster, no 60-vote requirement, let's see if it gets 51. if so, it's passed. at which point, mcconnell kind of filibustered his own bill. he said, no, if we're not going to have a 60-vote threshold, there would be no vote at all. he got his wish and then e he launched a filibuster or a 60-vote challenge against a vote he asked for. claire mccaskill was senate president at the time. here was her reaction. >> is their objection to the original request? >> yeah. >> objection is heard. i got whiplash. >> i got whiplash. that is the world's greatest deliberative body in action. that is also the kind of thing people who don't know how to see the sailboat in washington. it's all games the two parties are playing to prove they are really committed to beating the other side. that's what they have to do. it's part of the whole dance. their base won't trust them. they
for aggressive steps to move forward in that way. >> and hair envy. what will harry reid miss most about retired senator ben nelson? >> he had a lot of real hair. it's often that people call his office -- they believe he has a toupe. it's his hair. he will pull it for every time just to show you that it's real. i mean, he has hair like a 15-year-old, mr. president, and so i have to acknowledge i am a little envious of his hair. ♪ i want it long, straight, curly, fuzzy ♪ >> you wonder why we don't have a budget deal yet. good day. i'm andrea mitchell live in washington, and first it was ohio. then, indiana i understand and wisconsin. now the labor mooumt is fighting for its rights in lansing, michigan. out in the cold voicing outrage on the steps of the statehouse over right to work legislation that governor rick snyder says he will be signing when it reaches his desk likely tomorrow. joining me now nbc's ron mott live in lansing. ron, what is the latest, and how did this come to a head so quickly in michigan? >> reporter: it came together very quickly, andrea. good day to you. it's a cold da
on the floor of the senate. thank you fog and the follicle gods. harry reid on ben nelson's luscious locks. they may refer to the record of that luscious body and find hair envy actually in it. that's the best weirdest new thing in the world. that does it for us tonight. rachel will be back tomorrow with great hair. now it is time for the last word. >> it's back! the debt ceiling. >> house speaker john boehner took to the house floor only a few hours ago. >> john boehner was on the floor. >> people know that the president and i met on sunday. >> and said his meeting was nice. >> it was a nice meeting. it was cordial. >> cordial. >> we have to cut spending. >> holding back when it comes to spending cuts. >> republicans have been ratcheting up their rhetoric. >> get the tax issue off the table. >> we don't have the leverage. >> you can't tax your way out of this baby. >> throw in the towel on this tax rates issue. >> they have the debt ceiling. >> keep your eye on the debt ceiling. >> the debt ceiling part of this deal. >> the leverage is going to shift. >> it's their leverage. >> the levera
giving the president that kind of authority. he did that and harry reid turned around and said, let's see if we can do it with a simple majority for 51 votes and democrats it appeared had made sure they had that and then mitch mcconnell in return ended up objecting to the very thing he propose eed. take a listen. >> now the republican leader objects his own idea. i guess we have a filibuster of his own bill. >> so this was some maneuvering that went on. mitch mcconnell won the day when he proposed a vote overall on the entire fiscal cliff proposal and harry reid objected to it. it's a little bit of a back and forth going on in the midst of these talks that are now reopened. >> you can't filibuster your own bill. that makes no sense. >> apparently you can. >> thank god it's friday. thank you. we appreciate the update. >>> other stories making news that are not all crazy. >> i have some craziness. we're watching the situation in egypt where opponents of mohamed morsi are gathering. the crowds are set to be calm. activists are determined to keep up the pressure and refused to descend the dec
the programs on the table as harry reid said some time ago. my criticism is not that the president is not willing to compromise. i think the president is willing to compromise. my point today is i do not want us to continue to see this as left-right. we need to see this as we the people holding these officials accountable to reach a compromise because there is too much debt is at stake. you should be incensed that congress recessed early yesterday to go home in the middle of this crisis. that to me is an outrage. what does that say how seriously they take in this cliff will face on december 31? it will have an enormous impact. we should hold the members of congress -- we should do our homework and become educated so we can bring about the accountability that seems to be missing from this debate. host: this is drake on twitter. this is big guns. host: and h. robert asks -- host: back to the column by karl rove in while "the wall street journal." guest: speaker boehner is a very decent guy. he believes in compromise. he is reasonable. we tried to make republicans into a character as
the point of it. special screening of "lincoln." the story broke yesterday, harry reid setting up a screening on the floor of the senate. we've reached out to everyone involved here. one of our sources has confirmed there is a special senate screening scheduled for december 19th we're also being told, carol, there's still some details being figured out and at this stage we don't know if it will actually happen inside the capitol building, but this is at least the third time lincoln is getting a special political screening. the president, remember that, he held a special screening at the white house with the entire cast and director steven spielberg and kevin mccartney held a special screening for gop menls. if they watch the movie once, perhaps twice, they'll be able to reach a compromise. >> here is a better idea. daniel day-lewis should do the whole lincoln get-up, go into congress, act as abe raham lincn and draw the two sides together. >> i think that may actually work. then we can have a lincoln 2. bad idea. >> thank you so much. >>> new orleans saints fans may hate him. roge
who ran against harry reid, not the greatest track record in the world. he said health care would be the president's waterloo. yes. the president suffered a heavy midterm defeat, a tsunami of republicans coming in and taking back the house of representatives. but after that, the president emerging victorious. he's going on to the heritage foundation. came to washington to do good. he's going to end up doing well over there. >> su susan, the supreme court taking up the issue of gay marriage. the majority of americans support this. what about the republican party? >> it will probably take longer than it should, unfortunately. but this is alleges a generational thing. i think that's where we've seen the increase in support of marriage equality is from the younger generation. it's almost a no-brainer. so if the republican party wants to start expanding and reaching younger voters, then they really have to at least understand that there is a point of view there that they have to understand and respect. >> okay. morris, your burning question after a break. substitution. ♪ i'd like to
to try to set aside politics and enjoy some popcorn, harry reid and mitch mcconnell sent out a joint invite to all colleagues and spouses to attend a bipartisan screening at 5:00 on wednesday afternoon, we'll keep you posted on that. >>> let's look at other stories making the rounds on the political playground. who knew former republican presidential candidate, mitt romney was a boxing fan? last night, in vegas, romney and his wife, ann, were ringside, they had some good seats, to see boxer manny pacquiao square off. before the match, romney met pam y pacquiao in his dressing room. at which time he said, according to the "associated press," hello, manny, i ran for president, i lost. so did pacquiao, it turns out things did not go well for manny last night. he took a hard right in the sixth that knocked him out flat. he lay on the mat for about two minutes, wife stormed the ring, she was crying, the handlers had to get him to his feet, it was quite the scene. >>> the usda planning to pack a little more into the average school lunch in this country. agricultural secretary tom vilsack s
each and every year and it sits on harry reid's desk. and he does not take it up. and we have passed this budget. and i commend congressman ryan, who leads our budget committee. we think we have to bring out-of-control spending under control. you have to restore economic freedom and ensure a level playing field for everybody. by putting an end to special interest favoritism and corporate welfare. we feel like that this administration's policies are driving up the gasoline at the pump and we need to be promoting an all of the above strategy on american energy production to help lower costs to create jobs to reduce dependence on foreign oil, to strengthen our health care and our retirement security by taking power away, away from government bureaucrats and empowering patients and letting patients and doctors make the decisions that are important to them. now, as i said a moment earlier, so many times people have said, how in the world did we get here? as i said decades, decades in the making and then we went through the budget control exercise the year before last. in august, we had a
're going to pass tax cuts for everybody under $250,000. so it's going to happen. >> i hope you and harry reid enjoy that vote because you're not going to get it in the house. >> you keep talking about -- >> wait, wait, wait. >> what vote are we not going to get in the house? >> you keep talking about the majority of the majority, which -- but that's not necessarily what has to happen this time around. it can be a minority plus the democrats. >> do you think that john boehner is going to go out and cobble together a minority of the republicans and the democrats? >> he thinks it's in his self-interest he will. >> but, cokie, if he does a dael with a smaller part of his group, he's not speaker anymore. >> speakers have done that for generatio generations. it was abhorrent. that was the oddity and to put together different coalitions on different issues is normal. >> i guess there's a chance he would lose his speakership. his speakership or the country. it's not a vote we have to get in the house is what i'm saying, joe, the a.m. tern tiff. we come back and say we want to cut taxes. do those
Search Results 0 to 18 of about 19 (some duplicates have been removed)